The Juniper Network Company is considering a new 5-year expansion project that remuires an invitial fuxed investrinent of 52.5 million. The fixed asset wilt be depreciated straight line to zero over its five year tax life, after which time it witt be worthiens: The applicable tax rate is 22%. Estimated annual sales for the project are $2.2 million with annual costs of $1.15mm. The project will also require an inital investment in NWC of $140.000. The NPV of the project at a required return of 18% is estimated to be The IRR of the project is \%. At this d